| SGEN latest price $67.3100 (-1.58%) ($66.6500 - $68.2400) on Wed. May. 29, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 47 |
Latest Price | $67.3100(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.1% a day on average for past five trading days. |
Weekly Trend | SGEN advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) XLC(32%) IBB(25%) VFMO(24%) XLV(24%) BOTZ(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.2% in a week (0% probabilities). IFRA(-8%) VXX(-6%) VIXM(-2%) TLT(-1%) UUP(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.2% (StdDev 2.4%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|